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1.Marilyn bought a big screen TV and paid $300 down payment with the balance to be paid by 12 monthly payments of $98 including interest

1.Marilyn bought a big screen TV and paid $300 down payment with the balance to be paid by 12 monthly payments of $98 including interest at 5% compounded quarterly.

What was the purchase price of the TV?

What is the balance owed just after the seventh payment?

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